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Taxable wages in June increased by 4.5% between years

The total sum of taxable wages in June 2026 increased by 4.5% between years. The total sum of taxable wages in June was about 196.3 billion ISK. The number of employees was about 224,500 and the number of employers about 22,600. Note that the data have not been adjusted for inflation.

The number of employed in May decreased by 0.2% between years

In total, 234,800 individuals were employed in the Icelandic labour market in June 2026, according to register-based data. The number of employed decreased by around 600 between years, which corresponds to a decrease of 0.2%. The number of employed females in June was around 109,500 and the number of males around 125,

Total catch in July was nearly 42 thousand tonnes

Total catch landed in July 2026 was nearly 42 thousand tonnes, 51% less than in July 2025. The demersal catch was 25 thousand tonnes, representing a 2% decrease compared with July 2025. The pelagic catch was nearly 15 thousand tonnes, a 74% decrease compared to July 2025.

Job vacancy rate 1.4% in the second quarter

In total, 3,540 jobs were vacant in the Icelandic labour market in the second quarter of 2026, according to Statistics Iceland’s Job Vacancy Survey. During the same period, about 247,560 jobs were occupied and the job vacancy rate was 1.4%.

Trade in goods deficit of 40.6 billion ISK in July

The value of exported goods from Iceland amounted to 86.5 bil lion ISK fob in July 2026 and the value of imported goods 127,1 billion ISK cif (120 billion ISK fob) according to preliminary figures. Thus, there was a trade deficit, calculated on fob/cif value, of 40.6 billion ISK as compared with a trade deficit of 44 billion ISK in July 2025 at current rates of exchange.

Publication of the labour market in the second quarter postponed

Publication of a news release on the labour market in the second quarter of 2026, which was scheduled today 6 August 2026, has been postponed until further notice.

Meat production in June

Meat production in June 2026 was 1,995 tonnes, which is 17% more than in June 2025. Poultry production increased by 15% compared with June last year, pork production increased by 13% and beef production by 27%.

Operational cost per student in primary schools in August

Estimated operational cost per student in primary schools increased by 2.7% from July 2026 to August 2026.

The population grew by 1,450 in the second quarter of 2026

The population of Iceland at the end of the second quarter 2026 was 396,500, 203,080 males, 193,180 females and non-binary/other were 230. The population increased by 1,450 from the previous quarter. Inhabitants of the Capital region were 253,230 and 143,270 lived in other regions.

Hotel overnight stays decreased by 0.4% in June

Overnight stays at hotels in Iceland in June were approximately 532,000 or 0.4% fewer than in 2025 when they were nearly 535,000, according to preliminary data from Statistics Iceland.